Wall Street gave back some of its strong gains from the week on Friday following discouraging readings on the global economy.
Business
Business news and information from the Portland Press Herald.
Posted inBusiness, Maine, Uncategorized
After 47-year run, Olympia Sports to close its doors
The company began by opening a store at the Maine Mall in South Portland in 1975 and at one point had 226 stores on the East Coast.
advertisement
Posted inBusiness, Nation & World
Twitter, in Musk fight, posts surprising drop in revenue
The underlying numbers at Twitter, however, were good as the number of daily active users rose 16.6%.
Posted inBusiness, Nation & World
Ukraine, Russia sign UN deal to export grain on Black Sea
The agreement ends a wartime standoff that had threatened food security around the globe.
Posted inBusiness, Health, Maine, News
Maine Medical Center nurses will vote next month on whether to remain unionized
A petition, backed by the National Right to Work Legal Defense Foundation and signed by more than 500 nurses, paved the way for the vote on the union, which was formed in April of 2021.
Posted inBusiness, New England, News
Entire New Hampshire ski resort management team resigns
Gunstock Mountain Resort closed after its management team resigned amid growing tensions with the 5-member commission that oversees the resort.
Posted inBusiness, Maine
‘Making Maine Work’ report highlights new priorities of business community
This year, the shortage of entry-level workers was followed closely by high energy costs, the need for technical workers, and the need for workforce housing.
Posted inBusiness, Nation & World
Events in Jimmy Hoffa’s disappearance
He was declared legally dead in 1982.
Posted inBusiness, Nation & World
FBI: No sign of Jimmy Hoffa under New Jersey bridge
Authorities believe the Teamsters boss disappeared in suburban Detroit in 1975 while meeting with reputed mobsters.
Posted inBusiness, Maine
State environmental board lets permit stand for transmission line project
But the energy corridor’s fate still hinges on a Maine Supreme Court ruling on the validity of a 2021 referendum that was designed to kill the $1 billion construction project.